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SweetFare.com is focused on the travel meta search opportunities in the bourgeoning Asian markets. The potential is enormous due to the fast growth of both air travel, hotel reservations, and Internet usage in this region. The Asian market will rival that of the U.S. in 3-5 years. Macau already overtook Las Vegas in gaming revenues in 2006 and could be double Vegas by 2010. |
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Asia region airline growth, especially with low cost carriers is experiencing unabated explosive growth and making available inexpensive air travel to millions of consumers who have never before flown. It is not uncommon for secondary destinations in the region to have registered 50% tourism growth over the past three years. Not uncommon examples include Malaysia, where no-frills AirAsia now has over half of the domestic market or more spectacular, in India, where Air Deccan, SpiceJet, GoAir, and IndiGo have grown rapidly, taking a 29% share of the local market since deregulation began three years ago, with projections that they and new entrants could account for an astounding 70% by the end of the decade. |
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While the online travel market in China has not taken off yet, recent liberalizations will fuel the creation of a low cost carrier industry there within the next two years. |
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Our Strengths: |
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- SweetFare.com’s technology is considered by metasearch industry experts to be more advanced and robust than other players in the developed US and Europe markets.
- Availability of hundreds of airlines and tens of thousands of hotels, through interfaces to 150 major and low cost airlines around the world, all major online travel agencies (Travelocity, Expedia, Orbitz, etc.) and many major hotel chains and consolidator/wholesalers
- An experienced launch management team with over 70 years cumulative experience in deploying travel technology systems globally, including the formost recognized technology pioneers and implementers of travel metasearch applications.
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Our value added services to Travel Suppliers |
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- An opportunity for partners to maximize ROI on Marketing cost
- By reaching a highly qualified traffic
- By increasing visibility at no charge
- By exhibiting real time availability and fares for their products
- High conversion rates
- Qualified internet users sensitive to travel products
- More efficient advertising and promotion channel compare to generic search engines
- Low impact requests on reservation systems
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Market Size: |
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US travel meta growth has been 300% from 2005 to 2006, with lots of credit. If current growth rates continue, Meta Search will eclipse 10 million monthly users by the summer of 2007 (nearly 15% of all online travel researchers). As long as the value-add for consumers increase, it is possible that 50% of consumers will be using travel meta search by 2010. |
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The real excitement is in the Asia-Pacific region, where the whole market, including India, SE Asia and China are at the early stages and the markets massive, compared to U.S. and Europe. |
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FOR FURTHER INFORMATION please Click Here. |
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